Comments on: How to Become A Millionaire in 28 Days (I’m Not Kidding) http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html The offbeat personal finance blog for responsible people. Thu, 16 Feb 2012 12:09:40 +0000 hourly 1 http://wordpress.org/?v=3.0.4 By: E http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html#comment-139255 E Fri, 14 Oct 2011 17:26:46 +0000 http://lenpenzo.com/blog/?p=259#comment-139255 Right now, inflation is high and returns on savings accounts are low. You're lucky if you earn more than 1%. Maybe the older generation could save and expect it to grow but these days no savings or investment account even comes close to offering returns that account for inflation and rising prices in nearly everything. Right now, inflation is high and returns on savings accounts are low. You’re lucky if you earn more than 1%. Maybe the older generation could save and expect it to grow but these days no savings or investment account even comes close to offering returns that account for inflation and rising prices in nearly everything.

]]> By: Samuel S http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html#comment-115276 Samuel S Sun, 18 Sep 2011 00:39:02 +0000 http://lenpenzo.com/blog/?p=259#comment-115276 I've had a trust fund growing in my name for about 20 years now, quietly growing, only being built up with compound interest and very conservative investment. It's been enough to support and pay for my schooling at a private university. My parents were afraid that it was only going to barely hobble into the second or third year; instead I'm in year four, and will come out the other side with more than I started with. So I, even at the financially young age of 21, am VERY much a believer in the time-proven power of that one little phrase. People around me are worrying about the $100000+ in debt they'll have to face in a few years; My wife and I are talking about our first house and retirement plans. I can't scream it enough: THIS. WORKS. I’ve had a trust fund growing in my name for about 20 years now, quietly growing, only being built up with compound interest and very conservative investment.

It’s been enough to support and pay for my schooling at a private university.
My parents were afraid that it was only going to barely hobble into the second or third year; instead I’m in year four, and will come out the other side with more than I started with.

So I, even at the financially young age of 21, am VERY much a believer in the time-proven power of that one little phrase.

People around me are worrying about the $100000+ in debt they’ll have to face in a few years; My wife and I are talking about our first house and retirement plans.
I can’t scream it enough: THIS. WORKS.

]]> By: 19 Things Your Suburban Millionaire Neighbor Won’t Tell You | Money Talks News http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html#comment-60213 19 Things Your Suburban Millionaire Neighbor Won’t Tell You | Money Talks News Tue, 21 Jun 2011 08:33:28 +0000 http://lenpenzo.com/blog/?p=259#comment-60213 [...] He was fortunate enough to begin saving in his twenties so he could take maximum advantage of the power of compounding interest on his nest egg.16. He knows that you can’t spend what you don’t see. You should use [...] [...] He was fortunate enough to begin saving in his twenties so he could take maximum advantage of the power of compounding interest on his nest egg.16. He knows that you can’t spend what you don’t see. You should use [...]

]]> By: vanity Phone 866 http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html#comment-9 vanity Phone 866 Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=259#comment-9 I go to your site on occasion and I just have to say that I like your new template! I go to your site on occasion and I just have to say that I like your new template!

]]> By: lady cheyenne http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html#comment-10 lady cheyenne Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=259#comment-10 Have you ever tried to find a savings account with compounding interest? Where????? Have you ever tried to find a savings account with compounding interest?
Where?????

]]> By: Len Penzo http://lenpenzo.com/blog/id259-how-to-become-a-millionaire-in-28-days.html#comment-11 Len Penzo Wed, 20 Apr 2011 20:48:56 +0000 http://lenpenzo.com/blog/?p=259#comment-11 As long as you leave the interest you earn in your savings account, your earnings compound over time. As long as you leave the interest you earn in your savings account, your earnings compound over time.

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